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20121209
20121209
Search Results 0 to 9 of about 10 (some duplicates have been removed)
correspondent dana bash, steven moore of the "wall street journal" and jackie calms of the "new york times." 315 horsepower. what's that in reindeer-power? [ laughs ] [ pencil scratches ] [ male announcer ] chevy's giving more. get the best offer of the year -- 0% apr financing for 60 months plus $1,000 holiday bonus cash. plus trade up for an additional $1,000 trade-in allowance. hurry. bonus cash ends january 2nd. can i still ship a gift in time for christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. [ tylenol bottle ] me too! and nasal co [ tissue box ] he said nasal congestion. yeah...i heard him. [ female announcer ] tylenol® cold multi-symptom nighttime relieves nasal congestion. nyquil® cold and flu doesn't. >>> joining me around the table, cnn's congressional correspondent dana bash, mark zandy and he has a new book out "paying the price" steven moore of the "wall street journal" and jackie calms of the new york tiles. thank you all for joining us. let's jut as
moore joins us to talk about that and separate fact from fiction when it comes to the numbers. >> thank you for asking that question about the spending side of the ledger. the laos two or three weeks the discussion has been about raising taxes and no discussion about reducing the amount -- the outgo. >> let's start there. if we stopped overspending, what would it take for the government to get lined up, to get rid of the debt and deficit. >> we've dug ourselves into a deep hole. when i came to washington we talked about the budget, deficit in the billions, now in the trillions of dollars. part of the problem is the numbers are large but it's a million, million dollars. the debt is $6 trillion and we're borrowing $1.1 trillion a year. the problem the president faces, even if he gets his tax increase on the rich in negotiations, and he may very well. that leaves him with a trillion dollars budget deficit. so even if we do the tax increases, mr. president, what comes next? that's where we have to start addressing the spending side. >> the conversation a lot of folks don't want to have. rep
. in the meantime, angry liberal michael moore's sounding off on the latest right to work developments in michigan. the filmmaker and a major meltdown on twitter writing he was enraged. he called on people to revolt. if you write, direct, added, shoot, or do sound for me and my next movie you will not work for me unless you belong to the union. but the thing at surprised e there is, thought you already had to be a union member to wo onis movies. he ay be hearing from a few unions themselves. george zimmerman, the man accused of killing a florida teenager martin is suing abc news coming the network tried to portray him as a racist in order to boost ratings. zimmerman took issue with other network edited his 911 call on the night of the shooting in february. this is whatthe network aired. >> this guy looks like he is up to no good. he looks black. lou: wow. that's remarkable editing because this is what he actally said to te 911 operator. >> this guy looks like he is up to no good are on drugs or something. it's raining. walking around looking about. >> okay. white, black orhispanic? >> looks like.
"paying the price." steven moore, and jackie calmes. let's just ask you two, first, so set the stage. will it be armageddon? should we all start hoarding gold? you get such differing opinions about what would happen. >> well, january 1, no, no big deal. particularly if the treasury decides to freed holding schedules. but by the end of january, things start to get uncomfortable, by end of february, we have the debt ceiling, and that would be cataclysmic. >> this does seem to put a little more time on the plate of congress, which sends to expand the time you give -- >> look, i think you have very different ideological views. i think raising tax rates is harmful, could cause a recession. i think the spending cuts would be positive for the economy. the democrats believe the opposite of that. this is a dispute over very big ideas. this is not a small dispute, it's a dispute about the future of our federal budget and how we will operate in washington. >> as we said earlier, there is a consensus that they will get something, it's the congress, you know. is that consensus beginning to -- >>
make on the margin. steven moore is ready to jump out of his skin after i just said what i said. david k. johnson is a pulitzer prize winning journalist. his latest big, how big companies use plain english to rob you blind. steven, while i agree that every penny counts when it comes to your own money, when you compare the taxes most americans paid out in past decades, i don't get why republicans are screaming bloody murder about this. what would be so bad with the wealthest chipping in just a little bit more? >> when you showed that chart of the tax rates and that was exactly accurate. we had 70% rates in the 1970s. by the way, that didn't turn out so well, then we cut the rates significantly. 50%, then 28 and then the rates went up to 35%. but i would love to see you super impose on that chart. the share of taxes paid by the rich. here is the interesting thing. if you put the share paid by the rich, as the share came down, the share paid by the rich went up to almost 40% today. >> doesn't that just mean there are more rich people or that they make more money? >> yep and that's what we
success. >> we shepherded that through. i appointed bob moore who appointed someone -- >> who worked it out. >> and they talked every day, i talked to abe at least once a week until we got it done. came in under budget. >> people complained, it's too big, people won't come downtown, it's a a terrible thing, it's going to wipe out downtown. has that happened? >> heck notice. >> just the opposite. >> same as gallery place. i gave herb miller -- >> developer. >> gay hve him t.i.f.f. $75 million. look at it now. it's tripled the amount of money we get from down there. >> all those restaurants -- >> that was my style, was to make sure that the business community had access to the government, not just being bureaucratic but insistent in doing it. i remember 4000 wisconsin avenue. i woke up and they were picketing. i hadn't heard about it. i called fred green in and said, what the heck is going on? as i found out, you get the same line in dcra if you're doing $500,000 or -- >> or want to fix a fence. >> -- or want to fix a fence. i stopped that. i line over here for this big project, and li
Search Results 0 to 9 of about 10 (some duplicates have been removed)